Automotive Constant Velocity Joint (CVJ) Market by Application, End-user, and Geography - Forecast and Analysis 2023-2027

Published: Feb 2023 Pages: 164 SKU: IRTNTR40010

Automotive Constant Velocity Joint (CVJ) Market Forecast 2023-2027

The Automotive Constant Velocity Joint (CVJ) Market size is forecast to increase by USD 134.36 million, at a CAGR of 5.12% between 2023 and 2028. 

The growth of the market depends on several factors, including growing demand for SUVs and pickup trucks, increasing focus on fuel efficiency, and growing investments in R&D by market players. The automotive CVJ market report also includes an in-depth analysis of drivers, trends, and challenges. 

What will be the Automotive Constant Velocity Joint Market Size During the Forecast Period?

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Market Dynamics

Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Drivers

The growing demand for SUVs and pickup trucks is notably driving the market growth. Off-road enthusiasts prefer Sports Utility Vehicles (SUVs) and pickup trucks due to their all-wheel drive, high ground clearance, and different driving modes. This makes them suitable for activities like dune bashing, which explains their increased sales in North America and Europe.

Additionally, the demand for SUVs and pickup trucks is on the rise in Europe and APAC, with the market share of pickup trucks among LCVs in Europe increasing to 8.6% in 2018, and sales of SUVs growing in 2019. These trends are expected to boost the auto parts and equipment market and contribute to the growth of the global automotive CV joint market.

Significant Market Trends

The advancements in design is an emerging trend in the market. The CV joint manufacturers are introducing innovative design changes in CV joints to meet stringent emission norms and regulations. VL3 series CV joints, developed by GKN, have been in use in BMW 7 series models since 2016. These joints helped BMW rear-wheel-drive platform to reduce more than 4kg weight. VL3 is an S-shape track in-house design, which changes the movement of the ball bearings. The ball is provided with a wider range of movement, which helps to balance the forces in the joint by distributing torque between the bearings evenly. This supports the strength of the cage and improves refinement in joint movement.

As the automotive industry is witnessing immense disruptions and many automakers are struggling to retain their position in various markets due to intense competition, advancements in CV joint designs are expected to continue over the forecast period, which would contribute to the growth of the automotive constant velocity joint (CVJ) market in focus.

Major Market Challenges

The high repair and replacement costs of CV joints is a major challenge impeding the automotive constant velocity joint (CVJ) market. Signs of a damaged CV joint include grease marks on tire edges, noise while turning the vehicle, bouncy driving, and vibrations while driving. The cost of replacing a CV joint ranges from USD 135 to USD 615 depending on the vehicle, with labor costing between USD 215 and USD 865 if performed by a certified mechanic. However, consumers may avoid replacement due to high costs, posing a challenge to automotive CVJ market growth despite safety concerns.

Key Market Customer Landscape

The report includes the market's adoption lifecycle, covering the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Automotive Constant Velocity Joint Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the automotive constant velocity joint (CVJ) market.

ECO SHAFT (M) SDN BHD - The key offerings of the company include an inboard constant velocity joint. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • AB SKF
  • AIKOKU ALPHA
  • American Axle and Manufacturing Holdings Inc.
  • Comer Industries Spa
  • Comline Auto Parts Ltd.
  • Dana Inc.
  • GKN Automotive Ltd.
  • GSP Automotive Group Wenzhou Co. Ltd.
  • Hartford Technologies Inc.
  • Hyundai Motor Group
  • IFA Holding GmbH
  • JTEKT Corp.
  • Melrose Industries Plc
  • Meritor Inc.
  • Nexteer Automotive Group Ltd.

Qualitative and quantitative market growth analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Market?

The automotive CVJ market share growth by the passenger cars segment will be significant during the forecast period. The demand for passenger cars is growing due to the rapidly rising rate of urbanization and increasing disposable income. People living in emerging economies such as Brazil, India, China, and South Africa and Middle Eastern countries such as the UAE, Qatar, and Saudi Arabia are witnessing an increase in their disposable income, mainly because of the high economic growth. 

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The passenger cars segment was valued at 290.60 million units in 2017 and continued to grow until 2021. Following the lifting of COVID-19-related restrictions in the middle of 2020, the automotive industry has witnessed steady growth. Many countries had set 2020 as a landmark year for the adoption of EVs. However, even though there has been an increase in Electric Vehicle (EV) sales figures, ICE-based vehicles accounted for a major portion of passenger cars sold in 2020. The sales of ICE-based passenger cars continue to outnumber EVs, despite the incentives provided across many countries. This is mainly attributed to range anxiety, high battery replacement costs, and the lack of proper charging infrastructure for EVs. Another reason for the increase in passenger car sales can be attributed to the fear of contracting COVID-19. This led to a decline in the number of people using shared mobility during the same period in 2020, even after restrictions were lifted. This trend is expected to continue during the forecast period and result in increased sales of ICE-based passenger cars. Therefore, the global market is expected to witness moderate growth in the passenger cars segment throughout the forecast period.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 75% to the growth of the global automotive CVJ market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

APAC comprises some of the fastest-growing economies globally, mainly China and India. With the rapid economic growth in the region, the per capita income has been improving since 2016. This is increasing the purchasing power of consumers, which, in turn, has been leading to high automobile sales not only in China and India but also in countries such as Indonesia and Thailand. Most countries in the region have implemented stringent emission standards, which were derived from the Euro norms. For instance, the Government of India introduced BS-VI norms in April 2020, which are based on Euro 6 emission standards. Hence, the high need to reduce emissions among automotive OEMs is triggering demand for advanced CV joints, which will drive the growth of the market in the region.

APAC has become a prime offshore location for automotive OEMs, which have been encouraged by government incentives as well as the easy availability of resources. Some of the major global OEMs are establishing their production plants in APAC. For instance, in January 2019, Group Lotus Plc announced that it would start the production of sports cars in China by opening a new factory in Wuhan city. Thus, the increase in the production of vehicles in the region will contribute significantly to the growth of the market in APAC during the forecast period.

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides a market research and growth analysis of the latest market trends and analysis and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Passenger cars
    • Commercial vehicles
  • End-user Outlook 
    • OEMs
    • Aftermarket
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

 

Market Analyst Overview

The market is pivotal for mechanical power transmission in contemporary four-wheeled vehicles, particularly passenger vehicles and front-wheel-drive vehicles. These joints play a crucial role in the wear of vehicle components, ensuring the smooth functioning of the contemporary car suspension system. The market's significance is further emphasized in the context of heavy equipment vehicles and range power-run vehicles, contributing to the rise in construction activities. With personal disposable income impacting the demand for automobiles, the market witnesses notable attention, particularly concerning the constant velocity joint boots, a critical component ensuring the longevity and efficiency of these joints.

Automotive Constant Velocity Joint Market Scope

Report Coverage

Details

Page number

164

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.12%

Market growth 2023-2027

134.36 mn units

Market structure

Fragmented

YoY growth 2022-2023(%)

4.56

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 75%

Key countries

US, China, Japan, India, and South Korea

Competitive landscape

 Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

AB SKF, AIKOKU ALPHA, American Axle and Manufacturing Holdings Inc., Comer Industries Spa, Comline Auto Parts Ltd., Dana Inc., ECO SHAFT (M) SDN BHD, GKN Automotive Ltd., GSP Automotive Group Wenzhou Co. Ltd., Hartford Technologies Inc., Hyundai Motor Group, IFA Holding GmbH, JTEKT Corp., Melrose Industries Plc, Meritor Inc., Nexteer Automotive Group Ltd., NTN Corp., Nuova Tecnodelta Spa, Taizhou Heri Auto Parts Co. Ltd., and United Components Inc.

Market dynamics

Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Automotive Constant Velocity Joint Market Research Report?

  • CAGR of the automotive constant velocity joint (CVJ) market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the automotive CVJ market size and its contribution to the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behavior
  • Growth of the across APAC, Europe, North America, South America, and Middle East and Africa
  • A thorough market growth and forecasting analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report of factors that will challenge the growth of automotive CVJ market companies

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (million units)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (million units)
      • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global automotive constant velocity joint market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global automotive constant velocity joint market 2017 - 2021 (million units)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (million units)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 (million units)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (million units)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (million units)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 Passenger cars - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Passenger cars - Market size and forecast 2022-2027 (million units)
      • Exhibit 35: Data Table on Passenger cars - Market size and forecast 2022-2027 (million units)
      • Exhibit 36: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • 6.4 Commercial vehicles - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Commercial vehicles - Market size and forecast 2022-2027 (million units)
      • Exhibit 39: Data Table on Commercial vehicles - Market size and forecast 2022-2027 (million units)
      • Exhibit 40: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application (million units)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 45: Chart on Comparison by End-user
      • Exhibit 46: Data Table on Comparison by End-user
    • 7.3 OEMs - Market size and forecast 2022-2027
      • Exhibit 47: Chart on OEMs - Market size and forecast 2022-2027 (million units)
      • Exhibit 48: Data Table on OEMs - Market size and forecast 2022-2027 (million units)
      • Exhibit 49: Chart on OEMs - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on OEMs - Year-over-year growth 2022-2027 (%)
    • 7.4 Aftermarket - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Aftermarket - Market size and forecast 2022-2027 (million units)
      • Exhibit 52: Data Table on Aftermarket - Market size and forecast 2022-2027 (million units)
      • Exhibit 53: Chart on Aftermarket - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Aftermarket - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by End-user
      • Exhibit 55: Market opportunity by End-user (million units)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 (million units)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 (million units)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 (million units)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 (million units)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 (million units)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 (million units)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 (million units)
      • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 (million units)
      • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 (million units)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (million units)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 81: Chart on China - Market size and forecast 2022-2027 (million units)
      • Exhibit 82: Data Table on China - Market size and forecast 2022-2027 (million units)
      • Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 (million units)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (million units)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 (million units)
      • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 (million units)
      • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 93: Chart on India - Market size and forecast 2022-2027 (million units)
      • Exhibit 94: Data Table on India - Market size and forecast 2022-2027 (million units)
      • Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 South Korea - Market size and forecast 2022-2027
      • Exhibit 97: Chart on South Korea - Market size and forecast 2022-2027 (million units)
      • Exhibit 98: Data Table on South Korea - Market size and forecast 2022-2027 (million units)
      • Exhibit 99: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography (million units)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 AB SKF
              • Exhibit 108: AB SKF - Overview
              • Exhibit 109: AB SKF - Business segments
              • Exhibit 110: AB SKF - Key news
              • Exhibit 111: AB SKF - Key offerings
              • Exhibit 112: AB SKF - Segment focus
            • 12.4 AIKOKU ALPHA
              • Exhibit 113: AIKOKU ALPHA - Overview
              • Exhibit 114: AIKOKU ALPHA - Product / Service
              • Exhibit 115: AIKOKU ALPHA - Key offerings
            • 12.5 American Axle and Manufacturing Holdings Inc.
              • Exhibit 116: American Axle and Manufacturing Holdings Inc. - Overview
              • Exhibit 117: American Axle and Manufacturing Holdings Inc. - Business segments
              • Exhibit 118: American Axle and Manufacturing Holdings Inc. - Key offerings
              • Exhibit 119: American Axle and Manufacturing Holdings Inc. - Segment focus
            • 12.6 Comer Industries Spa
              • Exhibit 120: Comer Industries Spa - Overview
              • Exhibit 121: Comer Industries Spa - Product / Service
              • Exhibit 122: Comer Industries Spa - Key offerings
            • 12.7 Comline Auto Parts Ltd.
              • Exhibit 123: Comline Auto Parts Ltd. - Overview
              • Exhibit 124: Comline Auto Parts Ltd. - Product / Service
              • Exhibit 125: Comline Auto Parts Ltd. - Key offerings
            • 12.8 Dana Inc.
              • Exhibit 126: Dana Inc. - Overview
              • Exhibit 127: Dana Inc. - Business segments
              • Exhibit 128: Dana Inc. - Key news
              • Exhibit 129: Dana Inc. - Key offerings
              • Exhibit 130: Dana Inc. - Segment focus
            • 12.9 ECO SHAFT (M) SDN BHD
              • Exhibit 131: ECO SHAFT (M) SDN BHD - Overview
              • Exhibit 132: ECO SHAFT (M) SDN BHD - Product / Service
              • Exhibit 133: ECO SHAFT (M) SDN BHD - Key offerings
            • 12.10 GKN Automotive Ltd.
              • Exhibit 134: GKN Automotive Ltd. - Overview
              • Exhibit 135: GKN Automotive Ltd. - Product / Service
              • Exhibit 136: GKN Automotive Ltd. - Key offerings
            • 12.11 Hartford Technologies Inc.
              • Exhibit 137: Hartford Technologies Inc. - Overview
              • Exhibit 138: Hartford Technologies Inc. - Product / Service
              • Exhibit 139: Hartford Technologies Inc. - Key offerings
            • 12.12 IFA Holding GmbH
              • Exhibit 140: IFA Holding GmbH - Overview
              • Exhibit 141: IFA Holding GmbH - Key offerings
            • 12.13 Melrose Industries Plc
              • Exhibit 142: Melrose Industries Plc - Overview
              • Exhibit 143: Melrose Industries Plc - Business segments
              • Exhibit 144: Melrose Industries Plc - Key offerings
              • Exhibit 145: Melrose Industries Plc - Segment focus
            • 12.14 Nexteer Automotive Group Ltd.
              • Exhibit 146: Nexteer Automotive Group Ltd. - Overview
              • Exhibit 147: Nexteer Automotive Group Ltd. - Business segments
              • Exhibit 148: Nexteer Automotive Group Ltd. - Key news
              • Exhibit 149: Nexteer Automotive Group Ltd. - Key offerings
              • Exhibit 150: Nexteer Automotive Group Ltd. - Segment focus
            • 12.15 NTN Corp.
              • Exhibit 151: NTN Corp. - Overview
              • Exhibit 152: NTN Corp. - Business segments
              • Exhibit 153: NTN Corp. - Key offerings
              • Exhibit 154: NTN Corp. - Segment focus
            • 12.16 Nuova Tecnodelta Spa
              • Exhibit 155: Nuova Tecnodelta Spa - Overview
              • Exhibit 156: Nuova Tecnodelta Spa - Product / Service
              • Exhibit 157: Nuova Tecnodelta Spa - Key offerings
            • 12.17 Taizhou Heri Auto Parts Co. Ltd.
              • Exhibit 158: Taizhou Heri Auto Parts Co. Ltd. - Overview
              • Exhibit 159: Taizhou Heri Auto Parts Co. Ltd. - Product / Service
              • Exhibit 160: Taizhou Heri Auto Parts Co. Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 161: Inclusions checklist
                • Exhibit 162: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 163: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 164: Research methodology
                • Exhibit 165: Validation techniques employed for market sizing
                • Exhibit 166: Information sources
              • 13.5 List of abbreviations
                • Exhibit 167: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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